Triodos Bank recorded a net profit of 29.9 million euros in the first six months of 2026, which represents an increase of 76% compared to the result obtained by the entity in the same period of the previous year.
Between January and June, the business figure stood at 228.4 million euros, 4% more than in the first half of 2025. This advance was supported by a year-on-year increase of 6% in net interest income, which reached 174.8 million euros, and by a slight rise of 1% in commission income, up to 54.7 million.
In the semester, the efficiency ratio (the relationship between costs and income) improved to 80%, compared to the 86% recorded in the first half of 2025. At the same time, the return on equity rose to 5%, from 2.7% in the previous year, and the net interest margin advanced to 1.98%, compared to 1.92% in the same period of the previous year, driven by the containment of financing costs, disciplined margin management, and a stable funding base.
As of the end of June 2026, Triodos Bank's CET1 ratio reached 17.3%, placing it above regulatory requirements.
"In the first half of 2026, we made significant progress in executing our strategy," said Marcel Zuidam, CEO of Triodos Bank. "Our financial performance improved, the organization became more focused, and we took steps to increase efficiency. All of this with the aim of generating a positive and significant impact," he added.
For the whole of 2026, the entity maintains its forecasts for an increase in income and a reduction in operating expenses. In this line, Triodos Bank aims to be at the lower end of the medium-term cost-income ratio target of 70-75% and at the upper end of the return on equity target of 5-7% by the end of 2028, relying on annual cost savings of between 25 and 30 million euros.